Legal Billing Software

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Showing 1 - 20 of 80 products
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Showing 1 - 20 of 80 products

PracticePanther Legal Software

PracticePanther Legal Software is a legal management solution for small to large practices specializing in areas including bankruptcy, personal injury, family, divorce, estate planning, litigation, criminal law and many more. The ...Read more

4.68 (460 reviews)

121 recommendations

Clio

Clio is a web-based legal practice management system designed to meet the needs of small to mid-sized law firms. It provides a way to track goals and deadlines, manage cases and documents, and track time....Read more

4.69 (1167 reviews)

108 recommendations

MyCase

MyCase is a cloud-based legal management solution that helps attorneys in small to medium size law firms manage communications with their clients and carry out daily business operations. The solution also provides functionalities ...Read more

4.71 (389 reviews)

59 recommendations

CosmoLex

CosmoLex is a comprehensive legal management software designed for smaller and solo firms. It offers integrated features to manage all aspects of a practice: document management, case management, time tracking, and calendaring....Read more

4.71 (301 reviews)

44 recommendations

Smokeball

Smokeball is a complete cloud-based legal productivity software to automatically record time for you, allowing you to increase your firm’s profitability and productivity by over 30%. Whether you bill hourly, fixed fee, or on conti...Read more

4.75 (183 reviews)

27 recommendations

Tabs3

Tabs3 Software offers practice management, case management and financials for small to midsize firms in any practice area. Tabs3 enables legal professionals to manage their schedule and matters as well as track their time and bill...Read more

4.68 (161 reviews)

22 recommendations

PriceDemo

Zola Suite

Zola Suite is a cloud-based legal practice management solution for law firms of all sizes. Key features include task management, built-in email, document management, client portals, calendar, contact management, automation, report...Read more

4.62 (112 reviews)

19 recommendations

TimeSolv Legal Billing

TimeSolv is a cloud-based legal time tracking and billing solution that caters to law firms, accountants, consultants, architects, and freelancers, helping them manage daily business operations. TimeSolv integrates project ma...Read more

4.73 (574 reviews)

18 recommendations

ProTempus

ProTempus is an on-premise practice management solution designed for small law firms. Key features include timekeeping/billing, contact management, document management, case management, AR, AP, GL and trust accounting. Two clicks ...Read more

4.90 (10 reviews)

14 recommendations

BQE CORE Suite

BQE Core makes it easier and more profitable to run your business. It organizes information, automates repetitive tasks and allows your firm to spend more time providing service to your clients instead of managing internal process...Read more

4.42 (514 reviews)

13 recommendations

PriceDemo

Software pricing tips

Read our Legal Billing Software Buyers Guide

Subscription models

  • Per employee/per month: This model allows you to pay a monthly fee for each of your employees.
  • Per user/per month: Users pay a monthly fee for users—normally administrative users—rather than all employees.

Perpetual license

  • This involves paying an upfront sum for the license to own the software and use it indefinitely.
  • This is the more traditional model and is most common with on-premise applications and with larger businesses.

Rated best value for money

BigTime

This cloud-based software features time tracking, expense management, invoicing, project reporting, and seamless QuickBooks integration....Read more

4.59 (558 reviews)

8 recommendations

Rocket Matter

Rocket Matter is a cloud-based legal billing and management solution designed to cater small and midsize law practices. It features time and billing management, calendar, document management, payments and collaboration management ...Read more

4.39 (195 reviews)

7 recommendations

Litify

Litify is the all-in-one, next-generation legal software solution. Designed for medium to large-scale law firms, Litify enables every team member to do their best work. Our robust legal software combines intakes, matter mana...Read more

4.61 (36 reviews)

6 recommendations

CasePacer

CasePacer is a personal injury case management solution that helps legal practices manage case details, documents, negotiations, and settlements, among other activities. The built in Automatic Workflow keeps the firm on the s...Read more

4.65 (17 reviews)

3 recommendations

PriceDemo

Quickbooks Online

QuickBooks Online enables users to download and reconcile credit card transactions that allows businesses to organize weekly timesheets and track bank deposits. What is Quickbooks Online? Quickbooks Online i...Read more

FreshBooks

FreshBooks takes billing out of your hands and puts it on autopilot. Set up automated invoicing, online payment options (ACH and Credit Card), and late payment reminders to get paid 2x faster. Next, boost team productivity with pr...Read more

Time Tracker

Time Tracker is an employee time and attendance tracking solution designed to simplify employee tracking and reduce administration using automation functionality. With Time Tracker, businesses are able to examine and track employe...Read more

PriceDemo

Xero

Xero is an accounting system designed for small and growing businesses. Xero connects small businesses with their trusted advisors and provides business owners with instant visibility of their financial position. As a web-based so...Read more

Avaza

Avaza is a business management solution which includes features for project management, resource scheduling, online timesheets, expense management, online invoicing, recurring invoicing, quotes and invoices and more. Avaza also in...Read more

PriceDemo

AbacusLaw

AbacusLaw is case automation software designed explicitly for law firms. The system works as a complete practice management solution that helps in managing workflows including time tracking, billing, and accounting operations. Aba...Read more

Popular Legal Billing Software Comparisons

Buyers Guide

Last Updated: January 21, 2022

 

What Is Legal Billing Software?

Legal billing software is any technology that enables lawyers and law firms to track consulting time and receive payment for their services. These systems offer capabilities like time tracking, invoicing, and accounting.

Tracking billable hours using paper-based methods, or even spreadsheet programs such as Microsoft Excel, can be tedious and time-consuming. What’s worse, these methods create lots of potential for human error. Even after you’ve calculated billable hours, you’ll still need to generate invoices and stay on top of client accounts.

Accurate tracking of billable hours ensures a steady flow of revenue for your law firm or private practice. To automate the billing process and make sure billable time isn’t slipping through the cracks, you’ll need dedicated legal billing software. There are many different types of software that can streamline time tracking and billing for lawyers and legal departments. This guide will help you understand the major categories and features.

Here’s what we’ll cover:

Best-of-Breed Options vs. Practice Management Suites
Common Functionality of Legal Billing Software
What Type of Buyer Are You?

Best-of-Breed Options vs. Practice Management Suites

Because billing is foundational to a law office’s operations, there are a number of stand-alone solutions on the market. Time tracking and billing modules are also integrated into more comprehensive practice management software suites. A practice management suite is a single system that manages all areas of your law practice.

If you need extensive case management, document management or contact management functionality in addition to time tracking and billing, you should definitely look into practice management suites. Some suites even integrate time tracking capabilities throughout the system’s modules. For example, you can track time in a document management module without having to use a timer.

If all you need is a better way to track billable hours, look into the many stand-alone solutions on the market created for this purpose.

Common Functionality of Legal Billing Software

Functionality of legal billing software can be divided into three categories: time tracking; bill preparation and payment; and general ledger.

Time Tracking Functionality

Calendar Calendar may be included, or software may integrate with a calendar application (e.g., Microsoft Outlook). Events created in your calendar can automatically feed into calculations of billable hours. In some systems, calendar information can be used to fill in gaps in billable time.
Multiple fee schedules/billing arrangements Allows users to bill time in hourly, contingency, transactional, user-defined, flat fee (monthly, annual or user-defined), retainer fee and split fee increments.
Billing rates by timekeeper level Allows users to bill by timekeeper level: e.g., individual attorney, partner, associate, practice area type and client levels. Primarily used by larger firms.
Automated time capture Draws on calendar data, documents and tasks to fill in gaps in your billable time.
Stopwatch timers Users can set timers to track each minute of billable time.
Activity codes Allows users to assign activity codes to billable time, including the codes established by the American Bar Association (ABA). Users can also define their own codes.
Expense tracking Allows users to track expenses associated with clients’ accounts.
Missing time reporting Allows the system to report on gaps in your billable time.

Bill Preparation and Payment Functionality

Client invoicing Automatically generates client invoices based on the billable time recorded in the system. Bills can be delivered via email, or electronically in Legal Electronic Data Exchange Standard (LEDES) format.
Customizable invoice templates Allows users to customize invoices with their firm’s logo.
Past due notices Automatically notifies clients when bills are past due. Some systems can also calculate late fees automatically.
Low retainer reminders Sends automatic notices when clients’ retainer fees are getting low.
Credit card processing and EFT Some systems allow users to accept credit card payments. Other systems allow for electronic fund transfer (EFT) payments via automated clearing house (ACH) processing as well as PayPal gateways.

General Ledger Functionality

Client account balances Users can record invoices and payments and maintain account balances for all clients.
IRS filings Automatically prepares IRS filings on the basis of information stored in the system.
Trust accounting Allows users to manage trust accounts for clients and even author checks within the system.
Interest on Lawyer Trust Accounts (IOLTA) Accounting IOLTA, which helps raise money for legal aid for those in poverty via interest earned on client funds, entails special accounting requirements that you can manage with your software. The software protects against accounting mistakes and automatically records paper trails in case of an audit.
Financial reporting The system can automatically generate reports on information such as outstanding balances and client inactivity.

What Type of Buyer Are You?

The type of legal billing software you choose will depend, in part, on your specific needs as a buyer. For example:

  • Solo practitioner. If you have your own practice, you’ll really only need the most basic time-tracking capabilities. While features such as automatic time capture are obviously useful to all attorneys, they’re confined to expensive systems that might not be the best fit for solo practitioners.
  • Small firms. Small firms should think critically about whether to go with a stand-alone billing solution or a practice management system. If you have special accounting, mobile access and/or payment needs, you may need to invest in a more robust solution.
  • Large firms. Large firms will need extensive functionality for managing individual time-keepers and clients. Reporting features are also crucial for large firms to identify revenue opportunities. Finally, some legal billing systems include capabilities like those found in customer relationship management systems, which can be necessary for managing lots of clients.